Blame the recent U.S. price hikes and the recently returned stock swagger after the streamer dropped out of the bidding war for Warner Bros. Discovery and received that $2.8 billion break-up fee. Netflix shares dropped 9 percent in Thursday after-market trading and as of 7:15 a.m. ET on Friday were down 10.8 percent at $96.20.

And adding to the uncertainty, longtime chairman Reed Hastings announced he is officially stepping down, marking the end of an era just as the company faces increasing pressure to prove its advertising business can truly scale.

Netflix shares were down 10% in premarket trading Friday after the streaming giant reported a slight beat in first-quarter 2026 revenue but forecast lighter-than-expected Q2 sales and operating income.

Netflix topped Wall Street expectations for earnings and revenue in the first quarter, but the streaming giant’s shares still took a dive in after-hours trading Thursday. Revenue rose 16% from the year-ago period to hit $12.

This friend group sounds messy already! The post Netflix Announces New Reality TV Show Calabasas Confidential: ‘One Dramatic Summer’ appeared first on Reality Tea.

Netflix (NASDAQ:NFLX | NFLX Price Prediction) stock is down roughly 10% in early Friday trading, giving back a chunk of its 15% year-to-date gain heading into today’s session. The selloff follows Q1 2026 earnings reported after the close on April 16,

Netflix reported its first-quarter 2026 earnings Thursday, revealing that during the January-March period it strongly beat analyst expectations in revenue and earnings. The results come on the heels of Netflix’s back-and-forth battle with Paramount Skydance for Warner Bros.

Netflix announced on Thursday that it will be launching a redesigned mobile app, which will include a vertical video feed, at the end of April. “This redesign will better reflect our expanding entertainment offering and make it easier for members to engage how and when they want,” the company said in its Q1 2026 earnings letter to shareholders.

Netflix is going to launch a TikTok-like vertical video feed within its apps this month, and plans to use AI broadly for content creation and recommendations.

Law,” from James Schamus and the Larraín brothers heads a talent-packed 2026 Guadalajara Fest Mexico Mezcal Competition squarely focused on urgent social issues plaguing Mexico and beyond. Co-written and produced by Schamus,